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  1. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    companies can be made up just through the sale of real estate assets. It should be noted after last year..., the “Greek privatisation program looks to exceed targets by year-end, a credit positive... billion euros so far this year covering the majority of 2014 target of 1.5 billion. The bulk of the 1.3

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  2. Coalition caught between pleasing lenders and voters ahead of next troika review
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    to fire another 6,500 civil servants this year but the junior coalition partner is opposed to this. “Now... the coalition that Greece will head to early elections in March next year, when Parliament has... elections are held early next year.

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  3. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    producing its first positive year-on-year turnover reading this April, after almost four years. In the ESEE... Nights initiative that the City of Athens ran in conjunction with shops in the city centre last year

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  4. Greek coalition locked in dispute over public sector reform

    PoliticsGreek Politics

    -agreed target of firing another 6,500 civil servants by the end of the year. Recently released data... of the crisis. In 2009 there were 942,625 civil servants but this number fell to 675,530 last year... president of the republic early next year. Samaras and his team, therefore, would not have been

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  5. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    of a static balance sheet on year-end 2013. The zero growth assumption applies for both... their year to date performance is also negative at -8.3 percent. This compares to a 4.5 percent rise in the performance of the Greek stock market since the beginning of the year. Citing banking sources

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  6. The tarnished legacy that will haunt the Athens Olympics

    Agora

    this particular issue each year is not going to change that. Understanding the failings of Athens 2004... benefits from today. In the first quarter of this year almost 420,000 passengers arrived at Athens International Airport, up 23.8 percent on the previous year. Trying to manage this kind of traffic

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  7. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    , yet dropped 10.7 percent year on year (YoY) in the first half, mainly attributed to an 11.3 and 12.4... ratio further rose to 51.1 percent from 50.3 percent in Q1 and 43.4 percent last year. Eurobank’s

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  8. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    . In the corresponding period last year, the headline figure displayed a decline of 3 percent. In addition...) the double-digit rebound in car sales this year mainly stems from improved consumer confidence and strong... financing source of consumers buying motor cars this year is car loans, which make up the bulk

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  9. Credit in Greece contracts by 3.5 pct in August

    EconomyMacroeconomy

    in August, which is the second lowest reading so far this year. In July, net deductions stood at 1.16.... The August figure is the third lowest reading so far this year. Housing loan balances declined 3 percent...’s figure is the second lowest reading this year. Net deductions significantly fell to 195 million

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  10. Standoff over civil servants in Greece bears hallmarks of pre-election clash
    Photo by MacroPolis

    PoliticsGreek Politics

    to make before the end of the year, will not come from the evaluation process but other sources... or those who have committed offences while working in the public sector. Already this year more than 550... the figure for the previous year. The City of Athens says it has found 63 employees with forged

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